The word “infrastructure” is typically not used in everyday conversation, but it is a key element of our daily lives and fundamental to how society functions. Charleston’s growing infrastructure is necessary to support the region’s continuing advancement.  What is Infrastructure? Infrastructure refers to all the basic physical systems existing in a state, region, and nation that involve the production of public goods and production processes. It is the foundation upon which the structure of an area’s economy is built. Hard infrastructure includes roads, highways, tunnels, railways, and as ..read more

The U.S. commercial real estate industry has long attracted investors due to its strength and value appreciation. It reached a market size of $1.2 trillion (as measured by revenue) at the end of 2022. Since purchasing a large commercial property is not as simple as making a purchase at your local convenience store, it makes great sense to understand the process and elements of securing a title for commercial real estate property purchases.  What is a Title for Commercial Real Estate  A title is a document that shows legal ownership of a property. It grants the owner the right of poss ..read more

If you own commercial real estate or are looking for property to develop, you’ll also want to look up as you assess the development potential. Why? There’s something called “air rights” that can impact the value of a property and the ability to develop it. Here’s what you need to know about commercial real estate air rights.  What Are Air Rights? Air rights refer to a property owner’s legal ability to control and occupy the vertical air space above their owned real estate. The concept goes back centuries but was popularized in the late 18th century. The definition of air rights was amende ..read more

Choosing the right location for your commercial real estate investment takes careful consideration. Some properties may not produce the return on investment (ROI) you want and need. Because of this, location can be one of the deciders between earning and losing money on your investment. Here are some tips for choosing a location for commercial real estate investments.  Why Location for Commercial Real Estate Investments Matters Obviously, the most glaring reason to choose a prime location for your commercial real estate purchase is a high ROI. Great locations tend to attract more tenants ..read more

When you’re in the market for commercial real estate, either as an investment or for your business, you’ll want to include a due diligence period as a critical part of your contract. This is a period of time given to the purchaser to fully examine the property and investigate various aspects of it. What you do during this due diligence period is essential when buying commercial real estate.  Buying Commercial Real Estate — Why Due Diligence is Important The last thing you want is to invest in a commercial property only to find out later that it doesn’t meet your needs. Or worse, there is ..read more

Investing in commercial real estate can be incredibly lucrative. But not every property is going to produce the same income, which is why you need to evaluate each potential purchase carefully. That’s where ROI comes in. Short for return on investment, the ROI of your commercial property is a metric that calculates the ratio of your profits against the cost of the investment.  ROI is essential because it represents the potential of an income-producing property. A higher ROI means you expect to get more profits compared to the initial costs. As an investor, this is something you’ll want to ..read more

The real estate industry is known for being a bit conservative and traditional in nature. But that doesn’t mean buyers, sellers, and property owners won’t take advantage of the right tools if they will add value to the process. Technology in commercial real estate is a prime example.  Proptech, a term used to describe various technology-driven innovations in the real estate industry, has been gaining more and more attention over the past several years. Here are some of the ways technology is revolutionizing the commercial real estate industry.  How Technology is Revolutionizing Comme ..read more

Owning commercial property has a lot of benefits. For example, having a solid group of tenants brings you a regular income stream, which you can use for improvements or to expand your real estate investment portfolio. But what happens when one or more of your tenants won’t pay their rent? Here are some tips for addressing this type of situation.  What to do If Tenants Won’t Pay Their Rent One of the main reasons you likely invested in commercial property is for the steady rental income. When a tenant fails to pay, this can be a problem. Here are some of your options as the property owner ..read more

When you’re searching for the perfect commercial property for your business, you’re probably considering things like location and interior features. But if you haven’t put the property’s parking space on your list of criteria, you may be missing a critical feature. Here’s why vehicle parking space and features matter when buying commercial property, according to the type of business you have.  Putting Vehicle Parking Space and Features on Your Priority List Whether you’re purchasing a retail, office, industrial, or some other type of commercial property, it’s important ..read more

Every type of property needs regular maintenance, and many have certain rules for owners or tenants. Management companies are invaluable in keeping all of these things straight for property owners and communities, but an HOA manager isn’t the same thing as a property manager. Here is what you need to know about the difference between HOA and commercial property management companies.  What is an HOA Management Company? Homeowner’s associations are popular in many areas throughout the country, partially because they help property owners maintain their value. According to iProperty Managemen ..read more